Bitcoin Forum

Many of us learn knowledge related to Bitcoin on bitcointalk to achieve cognitive growth. In my opinion, ideas behind Bitcoin are more important than the technical architecture of it because it is thought that guides actions. Trust is a respectable characteristic of Bitcoin, which has reached the highest level of trust. Why?


First we need to understand why we need trust in our daily lives, then why Bitcoin has the highest state in trust---trust-free.


In real life, as a member of human society, we are engaged in various economic activities every day. We get paid through work, and then use income to purchase various materials for basic needs. The reason why diversified economic activities of mankind can be executed normally is because there is a set of basic order followed by us. But this order is often controlled centrally, leaving a space for power rent-seeking, which has courted injustice to a large extent.


In the current world built by centralized system, the authenticity and validity of wealth transferring is protected by a third party as an intermediary. Who is a completely credible middleman? That role is mostly played by banks and all sorts of payment agencies, credit card companies, etc. We trust them and their services ensure the normal conduct of economic behavior. However, once one of the banks goes bankrupt, all of our assets there may disappear.

• In banks' ledger server, our money is just a string of number. Banks render these number effective. We trust banks then we carry out normal economic activities. But thought banks will not directly tamper with the number in our account, the government can depreciate the value of our wealth by issuing paper money in a large amount to deprive our money.
• When it comes to Bitcoin, no intermediary is needed in money transferring. A distributed system built trust with the help of decentralization. Bitcoin protocol allows two separate individuals to conduct transactions in a peer-to-peer manner via the Internet. When you transfer Bitcoin from one account to another, you can trust not only its underlying system for support, but also the authenticity of the sender and the validity of Bitcoin.

In the distributed network of Bitcoin, intermediaries are replaced by public key cryptosystem and consensus mechanisms to ensure the authenticity and validity of transfers. This is why we say that Bitcoin solved the trust problem in transactions and accomplished intermediary-free and the highest level of trust---trust-free.


How do you understand Bitcoin's solution to trust? I'd like to know your ideas.

because bitcoin is safe and reliable, when bitcoin first appeared until now, it can be said that bitcoin has been operating for more than 11 years, no one feels cheated and harmed by bitcoin, the price of bitcoin every year there is always an increase, if we invest bitcoin in the long term most people will benefit, bitcoin is also a very valuable asset, so bitcoin is still the main choice for businessmen, which is definitely no element of fraud in bitcoin, so bitcoin is still at a high level of trust. .

I think Bitcoin has safety, the highest level of security. Censorship resistant and unbreakable. Another way, bitcoin cannot be influenced by anyone, completely decentralized. All proven from history, features over time
Everything else may disappear completely one day. But bitcoin is not.

With Bitcoin itself, it's mostly the fact that you actually don't need to trust anyone. You only need to have trust that the code would work fine. In contrast to banks and finance platforms that can go bankrupt like you said, or can just straight off fuck you up if they wanted to.

With Bitcoin in contrast to other cryptocurrencies, it's simply the fact that Bitcoin has been operating for 10+ years without downtime(besides that one time very very early on). Whereas other cryptocurrencies are yet to prove their sort of "solidness".

Dude, if everything else disappears that means that everything is, no exceptions. I do agree with what you've listed though, and I think the only reason those things listed gets compromised is because of the people, if they get negligent and careless, all the things that makes bitcoin strong becomes useless.

Since entering the industrial age, economic crises and financial crises have erupted intermittently. The double-entry bookkeeping method used in the contemporary financial system, invented centuries ago, hides the truth. The bank manipulated behind the scenes, making the assets and liabilities the same as the prescriptions written by the doctors.

The "decentralized digital currency" based on the blockchain provides people in the world with a new trust model "decentralized trust". Bitcoin is a complete, trusted, verified, secure, financial and accounting Digital value system.

I don't know how it is in other parts of the world, but in the EU every resident has an insured amount of up to EUR 100 000 in case the bank goes bankrupt or becomes illiquid. On the other hand, we can only remember Mt.Gox and all those hundreds of thousands of BTC that have disappeared and the fact that customers have not yet been compensated.

It is wrong to state that Bitcoin has absolute security over money in the bank, because you ignore the fact that millions of that same BTC are in the custody wallets of large crypto exchanges - Coinbase alone has about 1 million BTC.

If we look statistically, people have lost billions of worth of BTC over the years because they believed the wrong people or didn’t know what they were doing - maybe it would have been better if they kept the money in the banks.

I tend to see it as a system that handles the trust issue better, so you would need to worry too much about trusting your peer. And I think you could also see it as a system that requires little to no trust rather than not requiring trust at all. In reality you need no trust to participate or use it, but I wonder how sustainable that will be long-term.

Well its the highest level of trust since in the first place, you don't need to trust it. It just works that way. The system was automated to do so in the first place, and after a decade of it working, I'd be pretty confident to say that it works just like how it says its going to work. Other shenanigans that you'd need to manage is done and guarded by you yourself, so really, if you still actually lose money, 99% chance is that it's your own fault, maybe for opening sites that get you phished or something. The 1% being that rare chance of something wrong happening.

why bitcoin is at such a high level of trust,?? it can be said that bitcoin is safe and reliable, everyone feels comfortable investing in bitcoin, until now there have been no cases of fraud committed by bitcoin, bitcoin is a global currency, now there are countries that have legalized bitcoin, that's why until now bitcoin can still high trust..

In my opinion, we are now trapped in an economic system which is force us to suffer financial loss in every year. Today, we use fiat as the main currency which always experience inflation. I think people start to think that it is not right and they have to escape this scheme. I personally choose and trust bitcoin as an investment because I want to safe my wealth from inflation. Although bitcoin don't have an intrinsic value unlike gold but as a normal person who can think logically, I think bitcoin is much better than fiat and I will have big probability to earn profit by holding bitcoin. And it is proven, I earned a lot of profit from bitcoin.

Most of the trust in Bitcoin comes from the fact that it does not require any trust at all.

Bitcoin is completely open source and decentralized, which means that anyone can view the entire source code at any time. So any developer in the world can accurately verify the working principle of Bitcoin. Anyone can check all existing bitcoin transactions and issued bitcoins at a glance in real time.

All payments do not rely on third parties, and the entire system is protected by cryptographic algorithms reviewed by a large number of experts, such as those used in online banking. No organization or individual can control Bitcoin, and even if not all users are trustworthy, the Bitcoin network is still safe.

I have to agree. One of the reasons why the banks will remain relevant even in the age when each person is given the opportunity to be his/her own bank is that people are poor keepers. Some may develop an expertise on it but many will terribly fail. Doubtless, many would rather entrust their wealth to a bank than keep it all by themselves. Should the bank fail, insurance is a basic requirement, and one gets his/her money back. Keep your wealth in Bitcoin and it takes only one false move on your part and everything will be gone.

The ability to move large sum of funds through blocks without being interrogated by any governmental agencies or by any means your identity will be leaked is the class Bitcoin has attained no Banking sector can achieve. The beautiful trust which exists between Bitcoin transactions makes it crystal clear that your transaction can be verified through the open ledger system whether or not the party is lying or not. The whole idea of Bitcoin is beautiful and can be trustworthy.

Architecture is the most important part of any software and anything in general and Bitcoin tbh has a good architecture too good for 2009 and if I'm not wrong then the White paper for Bitcoin was released before 2009 and only a few people invested.

Satoshi must have had taken a lot of things into consideration and I would say he's an Extroverted Intuitive person.

While I'm pretty sure it's not necessarily considered a real word yet, people often refer to "trustlessness" in relation to Bitcoin.  In effect, you're only placing trust in the laws of mathematics and certain assumptions made about game theory and aligned incentives.  You have the option to place trust in others via the guise of third party services, but this isn't something forced upon you.

The centralized system business model can be designed in such a way and can still be changed at any time, so that it attracts more attention than what the decentralized system itself offers. Say CEX where they offer the best level of security, guaranteed refunds, prizes, etc.

That's why people still like to pawn their trust to third parties. Bitcoin will not truly reach the highest level of trust until holders stop dealing with a centralized system.

Having that pioneer trustee, to have stand the test of time and still doing well in the area comes with certain advantages you know. One of those is trust. Bitcoin has been able to hold ends together for a longtime now despite the fact that, it is the original, its been able to keep to some level of secrecy as to who Satoshi Nakamoto is and its supply stays constant. Bitcoin haven't violated on most of its principle guides and as such, it has earned the trust of the people. Coupled with the fact fact that, most coins that exists in the cryptosphere today are trying to emulate Bitcoin, living one to think or believe that bitcoin is the only perfect cryptocurrency that is!

Satoshi's original plan was to create a trustless digital economy where anyone can participate in without necessarily trusting any other party but their own intuition. As someone who has used traditional financial services for a long time and ran into a couple of issues while using these services, Bitcoin does provide an innovative way to make use of the same services being provided by financial institutions and this time, without the intermediaries and you don't get to deal with trust issues with the conducting party. Its just seamless just as financial services should be. The fixed supply is a huge plus too because we just know what we're getting into (no inflation when all BTC is mined).

But until individuals grow full financial independence and are capable enough to maintain a certain level of personal security in such autonomy, centralized institutions such as banks will remain to play a significant role in the financial life of a person. Probably to some, they could more easily sleep at night knowing that their wealth is kept in a safekeeping institution than if they are keeping it inside their personal wallet.

Bitcoin is a currency based on blockchain technology, and blockchain technology can also be said to be a "credibility network".

1. Its code is open source, which eliminates the possibility of evil from the program level;
2. It is decentralized and eliminates the possibility of evil from the authority level;
3. It has data on the chain, transparent transactions, and truly "open and transparent".

This is also the reason why Bitcoin has a unique technology and a high degree of consensus

especially with a limited supply that makes it continue to grow. especially at this time there are still few who use it, what will happen if there will be many countries that legalize it ... of course that's what makes bitcoin growing, moreover, many people use it as an investment tool

Probably because bitcoin doesn't have any owner or a central authority that they're following to continue it's daily market activity, maybe that's why people still believes and trusts in bitcoin more than anything else plus there's a public ledger that can't be faked or can't be manipulated.

Bitcoin already have a history and its the first crypto currency in the market as that becomes most popular cryptocurrency since year 2009,  as the matter of fact It's proven and tested, so i'm not surprised that it's still have a higher level of trust unlike other crypto currency in the market, which is even now TBH that the value itself keep increasing every year, so IMO it will remain at the top of all crypto in the market and no one can take over in it as long as the adoption of bitcoin keep increasing as well.

My trust comes from observation over the years. I confess I was into alts a LOT when I was new in crypto, I actually believed all the crap these projects were saying. I even paid money to invest in projects, and believed in building interoperable chains, utility tokens that would save the world with all the things you can think of in all the industries you can make up.

But Bitcoin stayed true to what it did best, which was to provide a means of sending money to anyone, for anyone. I really don't care that media and people attack this utility. Bitcoin has always been the one thing I can trust to send money. Yes sometimes high fees, but I know how to make sure I pay enough. But never network down, never network not accessible, never network blocked. Even ETH cannot say this.

I'm not joking when someone asks me which is the most reliable network to send money with the highest certainty. It's not even bank transfer or Western Union. It's Bitcoin.

Moreover, bitcoin has existed for a decade, the history of its price development is very promising. Initially many were less trusting and ignored, as time went on bitcoin proved that it was valuable and functional. over time, it made the market confidence continue to increase, even without the transparency of the dev team. more evidence than bullshit.the more adoption of large companies that plan to accept payments with btc further increase market confidence. this is proof that btc is "safe", not as scary as it is often reported, as long as its users are willing to learn well how to protect and use their assets.

Yes, our trust in Bitcoin was not formed overnight, but slowly established after more than ten years of development. Over the past 12 years, the Bitcoin network has suffered various attacks. There is no single force that can tamper with the data of the Bitcoin network or control the Bitcoin network. The Bitcoin network is truly decentralized. This is the basis of Bitcoin trust. We believe more in Bitcoin's algorithm and consensus mechanism. We believe in mathematics and technology.

In the early days of Bitcoin practitioners, everyone was talking about becoming a coin hoarding party, and their view was that they considered key information.

I think there are two core factors in the field of Bitcoin:
1. Production side
2. Transaction terminal

Combining these factors, the creditworthiness of Bitcoin is accepted and used by more and more people.

In general, if you think about cryptocurrency, the first cryptocurrency name that comes first is Bitcoin. It has truly gained a reputation among its users as a high-quality trusted cryptocurrency. People trust Bitcoin the most because it is a secure and fully decentralized cryptocurrency.  Since Bitcoin cannot be controlled by any individual or organization, it will ensure that it is not manipulated by any single person or organization. Moreover, Bitcoin is a safe and secure cryptocurrency and investing in it protects the privacy of the investor which is one of the main reasons to believe in it.

For the longest run, bitcoin was able to build trust from many people and it is very evident as its investors and users grows massively each day. It has a reputation that it was able to protect regardless of all the issues people throw at it and after being the top cryptocurrency from the very beginning, it was able to shut its doubters and haters and made them regret. Bitcoin is incomparable and it is without a doubt the best cryptocurrency ever made with consideration with the lives it was able to change and the success it was able to achieve.

Bitcoin is a very popular cryptocurrency around the world. Today this bitcoin has been created for 11 years. But people have not been deceived by this bitcoin.However, over time, the price of Bitcoin has gone up and down a lot.As long as Bitcoin has been tried, no complaints have been heard from it.This is why I think Bitcoin is the highest level believer.

We can feel more and more clearly that the world's trust in Bitcoin is constantly strengthening. Most fundamentally, this is brought about by the underlying technology of Bitcoin. In the 12 years since Bitcoin was born, no force can control the Bitcoin network, and no force can tamper with the Bitcoin network. The Bitcoin network has been running smoothly for 12 years, and it is entirely based on mathematical algorithms and cryptographic knowledge. Neither individual humans nor collective humans can interfere with the Bitcoin network. This is the foundation of trust in the birth of Bitcoin.

People trust and invest into Bitcoin more because one of the reasons is that Bitcoin is the oldest cryptocurrency in the market. It is special because of this reason. People believe in Bitcoin more than any other cryptocurrencies. And Bitcoin has many more usage places compared to others. Can this change in the future? Of course it can. But it is not going to be easy to dethrone Bitcoin for sure.

The more I think about it, I'm convinced that it's less about "trust" and more about "peace of mind" and "certainty".  It brings people comfort to be safe in the knowledge that no one is in a position to block or reverse their transactions.  It's not something you need to worry about. 

Is it possible we are mistaking this feeling for trust?  As an analogy, we don't "trust" gravity, we just understand what it does and know that it will continue to do it.  You don't need to contemplate the likelihood that one day gravity is going to fail at what it does.  This is something stronger than trust.  It's inherent.

well the outbreak wake them up on how banks actually works, just like the online shopping wake the traditional trade up to follow the online shop trend due outbreak circumstance.
circumstances thats the bottom line, banks could went tragically in bankrupt when there is no money in circulation but people getting withdraw the money from them continuously yeah no wonder they are now offering you lots of loans option.
back to the topic,  the trust itself i believe would be there as long as bitcoin price in current price position, once the normal economy is back and lots of non real bitcoin enthusiast pull their money over and the price got crashed, guess is there a strong trust like today? i doubt that so.

Bitcoin is in the highest level of trust because it is the longest and pioneer of all bitcoin. It is the highest because of its value. It is the most famous coin and it has already established good reputation and referred to as digital gold. It is a good store of value. It is widely used for online transactions such as remittance, payments for purchases. It is fast, efficient and reliable coin. I believe it is the future currency.

Bitcoin is known as the father of all cryptocurrencies that's why it has established a good foundation of trust from its investors. It's the pioneer and first to succeed as a digital currency. It has proven a lot and already passed all the tests of time. It's continuously proving that it's trustworthy because of its developments. It still has a lot to prove in the future for sure.

I think bitcoin is considered the most trustworthy coin for a number of reasons.  One of the biggest reasons and something that I have always felt, is that there is no "central head" behind bitcoin that is around.  I am of the firm belief that Satoshi always knew that he would be leaving his bitcoin project at a certain point.  I'm not sure he knew exactly when he was going to do this, but I know he knew that not having him/figure head at the helm of bitcoin would make it "leaderless" , no one to control it etc.  This lead to a big part of bitcoins trust.  Also just that bitcoin has been around the longest, had the best Dev Team, it's blockchain has been tested unlike any other coins etc.

why bitcoin gets high trust,, the reason is simple, because no third party interferes with bitcoin, the government also can't control bitcoin, bitcoin also gives us freedom of thought, as technology develops, bitcoin comes with new nuances, bitcoin is safe and reliable, yet There has never been a case of fraud committed by bitcoin..

bitcoin has the highest trust because the profits obtained from holding bitcoin in the long term will provide very large profits. if we make transactions then no third party will interfere in the affairs of sending bitcoins. besides that bitcoin is the first Cryptocurrency to be created, therefore the level of one's trust in bitcoin is very high.

This is absolutely true, I would love to add that probably one of the main reasons why bitcoin is trusted this much, is because even Satoshi is anonymous and has never for one day done or change anything about the bitcoin code unlike other blockchains where from time to time things get fixed or changed, e.g upgrading eth to eth 2.0,the code bitcoin runs on is final and cannot be changed or compromised for any reason, lastly there's this wallet that owns 1million probably Satoshi's wallet address, up till date not even 1 bitcoin has been sold from that 1million bitcoin,in conclusion bitcoin is the most trusted cryptocurrency in the market.

Bitcoin has undoubtedly become the most important cryptocurrency. I think Bitcoin has the highest credit rating in these aspects:

1. Bitcoin has brought many imitators and iterators, but its daily transaction volume is still nearly twice that of its closest competitor.

2. Bitcoin itself is very safe. More and more people trust Bitcoin almost more than they trust big banks. Bitcoin as an "alternative and long-term store of value" will be widely adopted.

3. Bitcoin transactions are irreversible. Part of the reason Bitcoin was initially accepted was because many people believed it had the potential to liberate people from traditional financial institutions. Although it has been more than ten years since Satoshi Nakamoto released the Bitcoin white paper, Bitcoin is still very young. .

Bitcoin is an asset, as well as a currency too. You have to know first though the conventional currency is made by paper, why it has value?

Paper money has value cause it is government-issued otherwise it has 0 value, you will lose your wealth when govt./world refused to give you commodities in exchange for your paper money. Do you know the US dollar has devalued over 90% since 1950?

Now come why Bitcoin has value:
Supply: Large supply=Economic collapse, Low supply=Economic Problem; for fiat money you can't prevent govt. for printing money cause they have power and ability, on the other hand, Bitcoin has a fixed flexible issuance rate so it is trusted.
Security: Original Bitcoin can not be counterfeited, fork is possible but useless. 51% attack & double-spending is a myth.
Divisibility: Low divisibility=low usable; High divisibility=high usable.
fiat is moderate divisible but Bitcoin has high divisibility that makes it more usable and trusted.
Transportability: you can't compare anything that has high Transportability like Bitcoin, so it makes it more valuable and trusted as well.
Durability: you can spend/lose your Bitcoin but can't destroy it. paper money just sh**.

Bitcoin has the highest trust because it revolutionizes money, protects freedom. Over time, bitcoin has changed the context of the downside and status of fiat in addition to manifesting itself in all aspects of life, economic, social, political....etc, bitcoin creates a hiccup ladder of autonomous financial sovereignty management for people. Only bitcoin can do that.

that is one of the reasons, on the other hand there are many scattered investors or even individual investors who trust bitcoin and invest in it. there are also new investors who are starting to invest. On the other hand, countries are starting to appear that legalize bitcoin, and I think there are still many supporting factors. even news is one of the factors that can affect btc

In bitcoin we don't need ledgers anymore. Bitcoin uses computers to verify every transaction and that's where we accomplished the decentralization which is publicly available and could be check whether it was spent twice. And by because of this, trust were established within the system and community accepts this superiority than fiats. Aside from that, no more KYC needed for every transaction you have and by that freedom that BTC offers, people tends to adopt and understand that this thing is quite good rather than normal banking system.

besides being a good platform, bitcoin has a very high level of security, so investors have convenience and security in their transactions. Bitcoin growth can emphasize financial inflation in a country, because the demand for it is increasing and the circulation of money in society is more controlled. therefore bitcoin is at the highest trust among the industry and investors.

The data security of Bitcoin is strong and they offer a greater level of security. People trust them they invest some amount of money as transaction. Bitcoin is most popular and wide. cryptocurrencies create trust is through a network-based known as a blockchain.Without this level of trust, bitcoin becomes worthless.Blockchains contain records of all the transactions that have ever taken this gives you high security to people and trust. This is a digital payment sector in this everything is going paperlesspaperless from investment to transfer money. This makes people interest to invest and have gain trust.

You don't use the word trust in a decentralized system because it cannot tamper, so it's 100% safe.

Unlike the centralized system where the banks are using, they call their business as a business of "trust", which we depositors or clients trust people to manage our funds and safe keep it, but people are greedy by nature, they can be corrupt and steal our money, blockchain can't do that, so it's the most reliable compared to the centralized system.

Your explanation is accurate and that’s how I see things in cryptocurrency and bitcoin. If not because of the trust that people has for bitcoin, it would have fallen years back. The trust is what has kept it going and the community is now a really large one, and bitcoin has become a major topic around the world. Bitcoin has really helped a lot of people around the world, including myself, to be able to carry out transactions without having to go through the stress that they would have gone through with banks.

Imagine the stress you would have to go through when making use of banks to send money to someone that is living in a different country, how you would have to be filling forms and standing in lines for a long time for you to be attended to. Bitcoin simplified the process of transaction.

So imagine, every transaction is posted on a public ledger where the contents cannot be changed since it is being monitored by almost all people who transact using BTC. The reason on why the blockchain technology has the highest level of trust is due to the miners which constantly check every block to validate all the possible contents of such block. So if you attempt to change the contents of one block, another miner would be able to see it and it would verify it accordingly to the genesis block.

That is the reason on why it requires so much power whenever you mine BTCs as it computes and verifies all the block on the blockchain technology.

Bitcoin is the most reliable encrypted digital asset, it is built on the blockchain. The blockchain itself is algorithmic trust or distributed trust, which achieves a system trust through a decentralized way, and realizes the free circulation of value.
Bitcoin is completely open source and decentralized. No organization can control Bitcoin. Its trust does not come from the endorsement of a third party, but the recognition of the consensus mechanism by all participants. Any node can enter freely, compete for the right to bookkeeping through computing power, rely entirely on proof of work to create credibility, and realize the common bookkeeping of the entire network. In the blockchain network, through the self-restraint of the algorithm, any malicious deception of the system will be rejected and suppressed by other nodes. It protects asset freedom, and makes it more valuable and trustworthy.
 

Bitcoin has experienced a decade of sharp rises and falls, as well as regulatory issues. But it is still booming.

Bitcoin is transparent, we don't believe in people, but we believe in code, and we can view the source code at any time. And Bitcoin has anonymity, which protects our privacy very well.

After each price change, there will be a new address, and a new batch of users will register to enter the market.

The important thing is to make money in Bitcoin.

Bitcoin's trust comes from the fact that all the transactions are public and no one can change them or manipulate them, there for there is no room for fraud and injustice, which we normally would find in the current economic environment in our society, where transactions are controlled and manipulated by banks and governments where bribe fraud and corruption can be done freely and they go unnoticed, because no one has access to them, that is why we need bitcoin or the blockchain technology to be implemented into our real life transactions to bring back trust.

I admired all the details you mentioned about bitcoin qualities because those are really impressive and aspiring , but the last part is what i thin does not imply if we really wanted bitcoin to stay from generation to generation and this is it,

because bitcoin is a currency and not an asset or something that we must consider profitable , instead we must learn the real venture why satoshi created this and that is to have alternative from FIAT.

I think only people who make money on the internet believe in bitcoin (Some People), the popularity level of Bitcoin increases when big investors enter the Crypto world so that ordinary people who don't know Blockchain also invest in Bitcoin. But I firmly believe that Bitcoin is a valuable asset besides fast transactions, its security is unquestionable and maybe in the future everyone will also feel the benefits of blockchain technology.

It is indeed internet users who are starting to trust Bitcoin, because Bitcoin can be used if there is internet access. Bitcoin is getting more and more
popular after some people who own Bitcoin get profit from Bitcoin. And the peak after big companies and rich people decided to invest in Bitcoin
made the price of Bitcoin more expensive. Finally made many people see Bitcoin as a promising asset, and thanks to promotions by influencers,
Bitcoin is finally getting to be known to many people. That's what finally until now makes Bitcoin's level of trust even higher.

Some did the profit and also many had suffered losses because of their actions. People had come and invested in crypto not only they are in considering the trust level but obviously, they just come for money and a sort of curiosity. And you know what? The majority of these investors will be in a panic once the market showing a decline and they just often sell. This will have to tell us that these people aren't giving such trust in Bitcoin but still in doubt.

I guess why bitcoin is in the highest level of trust because of the image that it has built for the past years. At first, not many people know about it, but bitcoin gradually become more and more valuable. From nothing to something. Maybe at first it's just some curiosity of people, wanting to get know into cryptocurrency world, but the one that has the most value, the one that everyone know is bitcoin. Most people might not know cryptocurrency, but they will know about bitcoin. It's the power of the popularity bitcoin hold, because it's so popular, because so many people know it and want it, thus people tend to trust it more than others.

I believe that after several countries legalized bitcoin, trust in bitcoin was even higher, especially now that bitcoin has proven itself to be very worthy of investment. yesterday China banned bitcoin but Chinese people buy bitcoin maybe it's China's strategy to lower the price of bitcoin and when the price of bitcoin goes down they buy it because they know Bitcoin can be saved for the future.

In the end it depends on the purpose of investors investing in Bitcoin, if they only focus on making money, what you say is true. Which some investors
do doubt Bitcoin, because investors who have a high level of trust in Bitcoin, it is impossible to panic sell when the Bitcoin price falls. Why do I always
say experience and knowledge do play an important role, because it is proven that investors with good experience and knowledge about the crypto
world will have a much higher level of trust in Bitcoin.

If we invest in coins, we definitely want profit and security, therefore we must choose a trusted coin. The better and more reliable the coin is in the market, the better the opportunity to invest and make a profit. That's why btc has become a trusted coin in the crypto world because apart from being the highest coin, btc's prospects are also the best. Therefore everyone wants btc and is competing to get it because they already know the benefits. But remember that investing in btc must be really careful and smart in analyzing the market so you don't get a loss.

We all share on the same goal which is to make profits even though we do highly support bitcoin into its actual utility but it cant really be avoided that people would really be minding about on how to make profits.
Trust is already gained since this is the king or father of all  crypto which its understandable that it  would really be getting that soo much trust and believers because we had been already in a decade.
Even if its been a bit outdated when it comes to features or functionalities but still people cant really just dump it all over and would be replaced by some altcoins in the market but hey,
we cant really assure since nothing do last forever.

With Bitcoin running for over a decade and Bitcoin has always been the best crypto. It is understandable why Bitcoin has earned such high trust
from the crypto community. Although many altcoins perform better than Bitcoin, but that doesn't change the fact that Bitcoin is still much more
trusted than altcoins. So there is no need to worry if the Bitcoin price falls, because with the high trust of investors, make Bitcoin often recover quickly.

That is the only drawback actually. Every code is still open for another well-written one. From the whole years that Bitcoin ran, it does not seem to be that the code will be a problem now these days.
It is that some countries are prohibiting their people to use it.

To my own view Bitcoin is a standard and Biggest gains scale
The cryptocurrency Bitcoin has value because it holds up very well when it comes to these six characteristics, although its biggest issue is its status as a unit of exchange because most businesses have yet to accept it as payment.

Well for now they are avoiding or forget about the discussion upon acceptance of bitcoin and other alts since there are so many thing chase out to be more better in terms of using the cryptocurrency. maybe banks or business are settle for their left over meals.

Maybe in future once covid will be left out to the system ,once they get fit we can earn more money from it in future.

BTC is pretty safe and reliable indeed. And it's most well-known crypto even within people who doesn't know anything about crypto. Altcoins seems too strange and not trust-worthy and it's true for the most of them.

Exactly and once a transaction has been confirmed a few times on the blockchain then changing or reverting the transaction isn't gonna be possible useless you own 51% of the network, I'm not saying that's not possible but it's rare to happen especially now. In the times of 2009-2011, it would've been much easier for big companies but there wouldn't be any use because bitcoin was not as much popular at that time.

But now there are a massive amount of miners and it's quite hard to pull of 51% attack through their resources.

Actually, I only think about the value of Bitcoin that mostly will be increasing (although sometimes it is also dropping but at last it will recover and back to rise again.
Bitcoin is also the first crypto.
When many more people take Bitcoin as an investment asset, many more people trust in Bitcoin. And because of its popularity, many more other people will know about Bitcoin at first and then it will be spreading more and more to people.

I totally agree wit h you, in the past bitcoin has proved it's system to being safe and secured, there have never been any case of hack, and also bitcoin has proven it's self to be a successful form of investment in the long run, if we look at what price has done in the long run then we can truly see it's truly as successful form of investment, and also bitcoin is the oldest among all and the mother of all crypto, so this is more reason why bitcoin got the high level of trust.

Yes, Bitcoin is now gaining more and more trust. In the past 12 years, no single force can tamper with the data of the Bitcoin network. No one can crack the private key of Bitcoin, and no one can control the Bitcoin network. Humans’ trust in Bitcoin is getting stronger and stronger, so they are willing to store their wealth in the Bitcoin network.

rather btc has brought a great revolution in virtual currency sphere. it has reached the pinnacle of popularity in a very short time, but it has no regulatory body. so what it’s already build highest level of trust. it has been 11 years since its founded it’s  enough time to trust this currency.

if there is no third party involvement, so there is no chance of cheating by third party.

Bitcoin has the highest level of trust because it has already withstood the test of time and it has high security amongst all the coins in the market which makes it impossible to decrypt or hack. It also has a limited count in the market circulation, making it have a higher value as time passes. Investors trust Bitcoin so much because they know that bitcoin will never let them down in the future. They know that bitcoin is a safe place to store their funds while they do not need it yet. Hence, a lot are investing in it, making it a very popular coin with the highest level of trust in the whole cryptocurrency community.

Simply put, bitcoin provides proof, not just a promise. after all, the trust gained now goes through a long process. many problems related to regulation etc. but bitcoin is really showing its existence with its ever-increasing price and ever-widening adoption. although it is still a strong warning that bitcoin is an investment with high risk, but more and more people are joining and want to take advantage of financial developments in this modern era.

Yeah, its been decade+ on where we have seen on how bitcoin do able to established itself and now its been mainly supported by the community.Yes, its been trusted despite of having lots of coins

which is far way more better than with bitcoin in terms of technicalities or utilities but still the people couldnt forget on how this revolutionary market had began because of this coin.

I cant really blame out people on having the same or shared up the same view and impression towards BTC.

Bitcoin has succeeded in ensuring anonymity and allowing transactions without the need for a third party such as Amex, Visa, or a certified bank. This is something no other money can do. By far, bitcoin is the best in terms of scale and convenience. Bitcoin is not subject to inflation, interest rates, its value is determined by the number of Bitcoins in circulation. This further increases the reliability of the bitcoin.

Nowadays bitcoin is becoming a very popular and profitable investment, especially when many people are at home so they are looking for various investments online and find bitcoin, the bitcoin community will continue to increase which makes the price more expensive, there is always an opportunity for profit if we immediately buy.

I think bitcoin has trust at the highest level compared to other coins because bitcoin itself has been contributing for a long time and has shown its solidity. added bitcoin to be the largest coin and number 1 in the world maybe this also makes it have great trust from some people. transactions using bitcoin are also fairly easy and fast so it's not wrong if people still place their trust in bitcoin.

We know that its history is increasingly recognized by many people that when Bitcoin was still under, it actually managed to achieve increasing popularity from time to time, especially in terms of investment, this is where Bitcoin becomes more trusted.
Anyhow, over time... Bitcoin is like a new thing that is increasingly seen as having a high potential to reach the future. The level of trust continues to increase because Bitcoin has indeed managed to show its best side, which continues to be in demand because this is indeed a very interesting thing to deepen from the past until now until the various benefits that can be obtained from it.

From scratch to something valuable, that is how we can picture the journey of Bitcoin. It slowly gains the trust momentum in which we can see that its price is also increasing. However, it was too sad to think that some just never give it like many countries are still having no support but instead, they banned and decline the freedom of their people to enjoy Bitcoin.
As this adoption will continue, it was expecting prices had come to pump as well. $100k, $200k, are quite possible, who knows right?

True! Bitcoin has been the oldest and has been successful during the years so this is more reason it got so much trust, people has seen bitcoin go through bad times and still came out successfully, among it it's the first cryptocurrency so altcoins being in existence today is because of bitcoin.

In terms of volatility bitcoin seems to be less volatile compared to altcoins, it determines the movement of the crypto market, people feels it safe to invest in bitcoin than altcoins

Btc has no central body or authority of control, everything is transparent and open to public view, every transaction and wallet in the network can be seen by anyone, tell me why people will not have so much trust un such technology, anyone and everyone is completely free to be part of the system, buy and sell as much as you are able, hodl for as long as you can, demand and supply determines the price, and anybody is free to be part of it, people trust btc because they have control over what they own, btc gives freedom.

Bitcoin does not need anyone trust or rating. Bitcoin had passed through many years of stress and survival and finally scale through this time, now that it had gone far I don't think their is any reasons of looking for numbers of trusts for it to keep moving.
Bitcoin is the boss of cryptocurrency and thereby, the trust is already guaranteed, which can not be compared to altcoins which existence happen as a result of Bitcoin dominance in the society attracting more development of new type of altcoins on a daily basis.

One of the reasons is technical analysis through history that has happened before until now. History repeats itself and seems to have been agreed upon by many. Therefore it became one that some people believe. Coupled with many large companies, famous people have a role in buying bitcoins. In addition, technological developments predict that in the future, it is possible that there will be no more paper money because it will be replaced by digital money. These signs have already begun to occur and are developing.

Being the mother of cypto currency, its value remained awesome from the beginning though it had many obstacles in the Beginning stage. Recent its ATH has drawn in so many investors into it. This says how people are open and confident enough to try crypto currencies.  And as all other cyrpto currencies follow Bitcoin's  growth, Everyone is investing in bitcoin. The demand and supply of bitcoin raises its trust and its value in the market. Word of mouth played a great role in it as well.

It is not the mother of cryptocurrency there were digital currencies before Bitcoin existed this rose tinted glasses. Bitcoin is good but it is not good because it is the first cryptocurrency it is good because of the technical side of it.

Whether it will make an ATH or not, it will always draw the attention of the investors as bitcoin always remain the number 1 cryptocurrency in the market. No other coin has even close to bitcoin, now with a dominance of 44% over the entire altcoins, I guess we know how big the popularity of bitcoin is over the others.

It's always bitcoin that will continue to dominate the market not just of its high value but definitely the big trust that investors and users put in it. And since we all know that its high popularity and its great potential to become a reserved currency are the keys for legal adoption, and i think we are close to reality soon.

Bitcoin will always be the king of crypto so even how low its bound to fall everytime its bear season comes, we always see it rising and recover again. This is the reason why we always keep keep our faith in bitcoin.

Trust is important even in a digital coin. How are you going to invest in a coin if you don't have trust that it can give you profit? Bitcoin become successful and valuable after more that ten years of existence because of peoples trust (demand) and because of the purpose why it was created by Satoshi. Bitcoin can be an asset and currency and people like it very much. It also help a lot of people during this time of pandemic that leads to gain more trust from the people.

Bitcoin offers an effective method for moving cash over the Internet and is constrained by a decentralized organization with a straightforward arrangement of rules, in this manner introducing an option in contrast to national bank-controlled fiat money.1 There has been a lot of talk about how to value Bitcoin, and we set around here to investigate what the digital currency's cost may resemble in the occasion it accomplishes further far reaching reception. To start with, be that as it may, it is helpful to back up a stage. Bitcoin and other computerized monetary standards have been promoted as options in contrast to fiat cash. However, what gives any sort of cash esteem?

It is because among the existing cryptocurrencies in the market, Bitcoin have already proven its worth through the years that it have been into the crypto market providing safety and security on those people who have risked their funds on investing with it and have fruitfully gain profit from and it have shown us that despite of many circumstances it can still be able to bounce back to the top even if there are lots of negativities roaming around trying to pull down this crypto. With that, Bitcoin not just gain popularity but also it have proven people that it can be reliable and trusted.

Well perhaps just because this currency is the pioneer in the market and that is all. Bitcoin has been proved its legitimacy for over how many years since then, and now, we saw some other statements that they regret why they sell their coin at an early stage and supposedly it becomes folded their profit for how many times. This means that bitcoin has been already proven and there is no doubt to put some trust than other cryptocurrencies and also it has proved that bitcoin is truly decentralized than the other one.

The best thing about bitcoin is that its fully decentralized so we all have the control on it which is totally  different from fiat.  And yes, its pioneering in the market so its strong foundation has been tested already several times and still comes out successful throughout the whole 10 years.

So why do we have to trust any other coin? Maybe its more of diversifying our investments but still bitcoin will always come out dominating the whole crypto market even with the new coins arising today.

Amidst the pandemic that we are facing today, most of the stores have been closed due to bankcruptcy and so lot of people have become jobless. And bitcoin just come right perfectly. Although its presence have been here for over ten years but its demand is now more acknowledge in this time of pandemic. It has offered a lot of jobs to people and good investments that can cover all their expenses in their daily necessities. So why would they still put their trust into another coins? When in fact bitcoin is definitely the perfect coin they all have been looking for.

Bitcoin is king!
The first cryptocurrency was Bitcoin, and the other cryptocurrencies were issued through Bitcoin. Their codes are similar. Some coins directly replicate Bitcoin technology.
When the price of Bitcoin increases, it can promote the development of other cryptocurrencies. When the price of Bitcoin drops, other cryptocurrencies will have an impact.
After so many years of precipitation. Bitcoin is the wind direction tower in cryptocurrency.

The COVID-19 pandemic has caused severe damage to the economy of our entire world. In order to get out of the addicted economy, various countries can only stimulate economic development by printing currency continuously. Instead, it caused more serious inflation. This fact has awakened more and more ordinary people, and they have begun to choose Bitcoin to protect their wealth. Bitcoin is gaining more and more trust.

Bitcoin has been developing for so many years. The moment when it has gone through many times of almost returning to zero is still developing. This has been the test of time.
Through the epidemic. Many people have joined the world of cryptocurrency. For novices, Bitcoin is the most trusted cryptocurrency among all cryptocurrencies. Bitcoin is the symbol of cryptocurrency. He is the central pillar of cryptocurrency. All cryptocurrencies have only developed to the present because of Bitcoin.

Many crypto. Much profit. Wow! The Dogecoin Foundation has been re-established, this time with some real star power in its leadership team, including Vitalik Buterin and Elon Musk.

The new manifesto announces four project values — being useful, personable, welcoming, and reliable — and reads, “We are developing a currency for the people (https://youtu.be/S6u6BnKP4YE), and we strive to do only good everyday.” Who's a good doge? he is.

The cryptocurrency market turned bearish, with the market capitalisation decreasing by 6.2 percent to fall below the $2 trillion mark to $1.96 trillion. The price of Bitcoin (BTC) reached $44,743 after shedding 4.73 percent.

Ethereum (ETH) slipped by 8.24 percent to reach $3,008. According to experts, Bitcoin is experiencing a sell-off, following its local high recorded on August 14 at $48,251. Institutional cryptocurrency investments have seen another week of consecutive outflows with a total of $22 million.

According to a report from CoinShares, the low investor participation could be due to the seasonal effects witnessed in other asset classes as well.

Coinbase has launched in Japan, in partnership with Mitsubishi UFJ Financial Group (MUFG) — one of the largest banks in Japan serving 40 million Japanese customers. Coinbase was founded in 2012 as an easy and trusted place to buy and sell Bitcoin.

At that time, the price of Bitcoin was $12. So they're not likely to be panicking at the past few days fall in prices!

The thing that makes Bitcoin have high trust is probably because Bitcoin is believed to increase digital financial literacy. In addition, the use of Bitcoin is considered capable of optimizing foreign investment. This is supported by more efficient access, while reducing dependence on the US dollar. Even Bitcoin is believed to be able to suppress the rate of inflation. Assets can be a safe haven, especially during a pandemic. Moreover, developing countries tend to still find it difficult to contain the rate of inflation in the midst of a pandemic like today.

Bitcoin had been in existence for long now and no other cryptocurrency can be compared to it increase it level of trust attracting big firms, companies and individuals to patronize it without have any moment of doubt. Bitcoin had been more successful since the time it was established till now that many have seen the potential it has. Those who do not still believe in Bitcoin have there self to blame for their ignorance and lack of insight to know what is real and what is not.

People had given a high level of trust to Bitcoin because it was proven already that could give you a decent profit from investing. People risk their money as they know and believe that they don't lose their money in the future but instead seeing it growing. Honestly, nobody has to spend million dollars if they never see this thing or having such trust but people have and it was a great decision been made.

So the question is why not? Anyways, it wasn't regretting those who never trust as it was their choice but this was a great opportunity for those who have decided to take the risk.

During investing any kind of cryptocurrency, we are confuse whether to invest in those currencies.But in case of Bitcoin, there is no worry at all. Because Bitcoin is the pioneer of all online currencies. So that's why Bitcoin in the highest level of trust.
 And from the begining of bitcoin, there is no trust issue to anyone. As bitcoin stays for the long time, it will not betray us.

^ Just because all altcoins were forked to BTC and that is we called them altcoins, an alternate coin to BTC.
As a pioneer coin in cryptocurrency that has proven and tested that it is purely decentralized and nobody control it, that is how people trust BTC by using in a different aspect which is how useful BTC is. As we can see, all big institutions were now accepting BTC as a secondary currency which is good for investing or alternating currency. Nevertheless, because of this trust, many crypto enthusiasts believed that BTC is good for storing value and now they are hoarding on it.

Some make huge profits on it because they are good in investing, some bought bitcoin when the price is still very cheap and they held until now. Imagine if you buy bitcoin at $3k each, it's already more than x10 profit now, and it's easy to make a profit as all you do is buy, secure the coin and hold it for the long term.

There's a reason why people are buying, and one main reason is the increase in adoption which would result in to increase in demand as well.

For payment method, it will only be more successful if there's a worldwide adoption, and it's best when sending money in different country as you don't need to use the international remittance center that charges enormous fees.

Bitcoin is has the highest level of trust because, Bitcoin is the foundation of crypto and all other altcoins, the trust in bitcoin is as a result of it being in existence for a quite long period of time. Currently bitcoin is in control cryptocurrency market which comprises of other altcoins. Moreover Bitcoin is adopted bay many institutions for payments and also bitcoin is accepted world wide for exchange of goods and services, he trust is more than other altcoins.

Besides, it has popularity allover the world and it so powerful crypto currency. Who are involved in crypto currency, are known about bitcoin and the uses of bitcoin. Many people are making huge money by the help of bitcoin and another reason is bitcoin is a decentralized crypto currency.

In my opinion, one of the reasons for the high level of public confidence in Bitcoin is the issue of transparency in the economy. I think bitcoin can bring honesty and economics together and reduce the oppression of capitalists around the world.
That is why I respect Bitcoin as a global currency.

Financial processes are dependent upon mutual trust between all parties involved. The means through which bitcoin and similar cryptocurrencies create trust is through a network-based ledger known as a blockchain.  Roblox Guides (https://techzpod.com/roblox-guides/) get-mobdrovip.com (https://get-mobdrovip.com/)

If we keep educating ourselves and we don't ride with the manipulation of the market, we will all enjoy bitcoin as an investment and as a currency. The word "decentralization" makes bitcoin transparent, however, due to the fact that we use a 3rd party platform to trade our bitcoin, government still impose their rules on us through regulation.

Bitcoin has been service in long time.Bitcoin already proved that Bitcoin is trusted than any others crypto. Bitcoin is most valuable crypto in market and most valuable coin.Bitcoin has been developing for long time.Bitcoin is decentralised crypto than others. I think bitcoin will be more increase in future and it will be most trusted.

maybe we can say that bitcoin is an investment that is so popular in this century, so many people make people become bitcoin enthusiasts.maybe it can't be separated from how bitcoin's performance gives us true freedom of thought, so it makes bitcoin even higher among the public

investing in good coins will certainly be profitable for investors, so they choose coins that are really good, especially if the capital is large. why bitcoin has the highest price because bitcoin is the first coin to emerge and become a crypto pioneer. everywhere if something appeared first then it would be more valuable than something that came after. besides that, when viewed from the beginning of the emergence of bitcoin to date, the movement of bitcoin is also good even though there are periods of ups and downs but the price is far higher than other coins because the demand for it is also high. therefore investing in bitcoin is a dream for investors.

With all the positive traits given to bitcoin, no wonder it has gained a big trust not just to the people themselves but also to the big companies who are now integrating bitcoin into their transactions. So its definitely a worlwide adoption that is starting to take place and maybe when all these companies will benefit from bitcoin, the news will again spread out and creates more positivity on the side of bitcoin.

In my personal view, bitcoin should have the highest level of trust because its fully decentralized. No one can control it not even the government so our money will be safe unlike when kept in banks which might be totally controlled by the banks personnel and sometimes, even inside jobs are also happening.  And the fact that bitcoin has already built a strong foundation, so no one can ever destroy it. The more people will recognize bitcoin, the usage will also increase. Thus, making bitcoin bringing its best to serve the people in a more advanced and digital way.

This is a very valid point and why Bitcoin and decentralized assets are more valuable than cash in the bank. If the bank for any reason goes bankrupt as you said, your money is gone and you may get it back but chances are slim.

One may argue that even Bitcoins can be misplaced and lost but at least you have the control and responsibility for the mistake in that case. It's not easy to pay for other's mistakes but much easier to calm yourself when it's you who made the mistake of losing your coins. People who lose money to scams are more frustrated than traders who lose money.

Bitcoin serving in the very beginning of cryptocurrency journey. Bitcoin is the most potential and good coin. You can see its price increase from where. This can prove that Bitcoin will serve life time and this will never destroy. Because i think that if Bitcoin destroy then every crypto currency face heavy trouble and can be destroyed. Because of potential coin Bitcoin is in the highest level. Also this is the most trusted coin in cryptocurrency.

Bitcoin has highest level of trust to investors and supporters because it's the mother of all cryptocurrencies wherein has already cement the foundation for how many now and it proved that it can survive the market dip and FUD from people hating it. Many famous people already jumped on bitcoin and by that alone it added more trust of bitcoin hence it's the future of payment system.

Some really good points, I will make some points why BTC is superior to any other cryptocurrency

1- First in the market; BTC was the first cryptocurrency and there is nothing that can change it.
2- Anonymous; every crypto has its founders known in public but no one has a clue who Satoshi was
3- BTC is more valuable than other cryptos; Each halving the miner's reward is decreased to half which means more scarcity in future

There can be 100s of other reasons but these 3 reasons are most important ones that make BTC superior to other coins.

Bitcoin is very popular because it became the first crypto, bitcoin continues to have support from many companies and now we can see bitcoin on many stock exchanges and futures of the world, I believe bitcoin will be more and more popular and become the standard of payment accepted by the world like gold.

hopes for the achievement of bitcoin as a means of payment that is recognized by the world has long been discussed. we still can't reach it. this is related to usage and regulations which differ for each country.
but bitcoin transactions and technological developments are trusted by most people. and even the community and support of many people is now increasing. this is indeed a good start for bitcoin towards the expected goal.

It's true Bitcoin is decentralized but that can't be said for every future coin, There's a possibility government starts using cryptocurrency and releases a fixed supply of new crypto.
And people of that particular country or state are supposed to use that. Then it will be easy for the government to trace the registered owners of a wallet that send that particular crypto to an illegal address.

I also think the government is probably going to promote a cashless society anyways because we're moving towards a 1 world government and it will be easy for them to trace the transactions.

Bitcoin is currently the strongest coin with a marketcap of more than $950 billion, but there are many opinions that coins like Ripple, Ethereum or Cardano have advantages over bitcoin, I hope there is a coin that can compete with bitcoin so that the competition for cryptocurrencies becomes more attractive.

The main purpose of bitcoin is to provide a decentralized form of anonymous transaction value, to eliminate the intermediaries of banks and financial institutions and thereby reduce the cost of money transactions and that is one of them.
and other beliefs because investing in bitcoin is very promising and also guaranteed security and we are in full control, because bitcoin the first and most popular digital currency among other cryptocurrencies makes everyone believe and is clear evidence that many people who have benefited can actually make them rich and many again Another positive reason that makes bitcoin trusted.

The Pow algorithm is a brute force cracking algorithm. At the beginning of the design, Satoshi Nakamoto only pointed out the feasibility of this algorithm in theory, but this was perfectly implemented by the community gods.

I trust Bitcoin for the same reason I trust math. I understand it.
Some people trust Bitcoin because other smarter people trust it. If Bitcoin was flawed, some smart guy out there would have found the flaw and let everyone know.

I believe bitcoin is sweet as a currency and therefore the journey during this currency from the very beginning may be a great distance off bitcoin isn't almost changing people's lives, it's about investing within the right way able to solve all problems. there's no fear of losing this currency from the crypto market and it not attend destruction if there's a small difference in price it go up again in time bitcoin ranks highest among all currencies.

There are many factors why bitcoin is trusted. yes among them bitcoin has established itself as the most high-end crypto today and bitcoin is currently the most accepted by many parties around the world. also in terms of security bitcoin has high protection. and most importantly, bitcoin is the most worthy of being an investment asset

It seems to me you are confusing the cause and effect. Bitcoin definitely has a plethora of useful characteristics that make it a desirable asset for investments. But the fact that investors have been long interested in bitcoin doesn't render it trusted by itself. Why do people think they can trust software and protocol such as bitcoin? They actually shouldn't. What they should do is learn what bitcoin offers, under what rules and laws it is operating. While they can't change these rules, they can decide whether they agree with them or not. Once they decided positively, they can join the network absolutely freely and run a piece of software to make sure that the principles they previously agreed with are being followed by everyone else in the network. They don't trust other participants, they instead constantly verify everyone abides by the rules of the network. Conclusively, bitcoin is trusted because no one is able to unilaterally change its principles. That is why it is chosen as legal tender in some countries, that is why it is being adopted, that is why it is an asset to invest.

Actually there are many unsolved problem within bitcoin such as Byzantine fault. In fact, there is no 100% trust system as long as it is built by human. It can always be interrupted and fabricated. Even machine or A.I can have such problems if creators decide to feed it few "bugs"

I simply think trust is what people believe in. If you trust your clients, transactions will smoothly be proceeded, no matter what materials you use

The reason why Bitcoin was trusted by many parties is that it was the only cryptocurrency that was truly decentralized.

This happens due to the major concept of Bitcoin and everybody wants the liberation potential of Bitcoin.

Despite that human error still need to be avoided.

I completely agreed with you.

Data consistency and transperancy has been one of the key reasons many built a high level of trust for bitcoin. I came to discover bitcoin wasn't really the first digital currency project before bitcoin came into Lim light we had other digital currency projects that failed the likes of Digicash, BitGold , B-money which were first attempted in the early 1990s people developed trust for bitcoin after it survived several market conditions.

Here, I will make a further addition. The reason why Bitcoin has gained the highest level of trust is determined by its own technology. The transparency of Bitcoin data is the basis for Bitcoin to gain trust. Because of Bitcoin's transparency, anyone can verify Bitcoin's data in real time. Openness and transparency are the basis for building trust. At the same time, no single force can tamper with Bitcoin data, which further strengthens trust. After 12 years of development of Bitcoin, no force can destroy the data of the Bitcoin network. It is based on this that more and more people have trust in Bitcoin.

Bitcoin is in the highest level of trust because it is related to future payment source. People are believing that It is best coin in digital currency. It is intrusting coin for investers because its price is unpredictable. And they believe that in future it give them a biggest profit.

bitcoin got the highest level of trust because, bitcoin delivers what it has promised. many people did not believe it at first but as the time goes by bitcoin gradually earned the trust of the people through projects that made it more attractive and appealing. also bitcoin meticulously made preparations for it to have its own market and have its own value.

Bitcoin offers a new and efficient way of transferring funds from one person to another person without any third parties from the government sector. In that way, people have security and freedom over their asset without worrying about government intervention.

Bitcoin has won the trust of many since more than 10 years which makes it reliable. After all, if these many years didn’t show any frauds through bitcoins then why would it be now? Hence, I think it’s gained trust over the span of these years slowly by providing people with profits and not showing any symptoms of scams. All of it makes it a reliable factor when it comes to cryptocurrency.

I think bitcoin is now a product that is clearly visible, with countries starting to use it as a currency. on the other hand, with the price starting to stabilize, many investors are starting to believe that bitcoin is a real investment, especially now that it requires big influence and large funds to manipulate the market, and we don't see dumps like 2018

In my opinion, Bitcoin in the highest level of trust because bitcoin has a concept that makes its users satisfied, there are many reasons that make us worthy of making bitcoin the most convincing asset, with the private key that we have it is impossible to guess by programs or hackers, the most important thing is because the value continues to increase so that it gives profit for bitcoin owners.

Since the first time since bitcoin was launched I believe that btc has a very good security system compared to other systems. Evidently until now no one feels cheated or anything bad related to bitcoin. This is where my belief in bitcoin is very high. Apalagu at his age who has been qualified for many years. It's different from a bank that can be broken by hackers..

I think the best answer for this question, probably it's because bitcoin is the very first asset in the market that until now still very promising and optimistic and for sure the way how it can make hype in the market despite of all the struggles, were the common reason why investor keep believing that there's a future on bitcoin, because indeed even though there are some new promising projects emerging in the market bitcoin still can cope to keep the rank, unlike those old coins that suddenly became weak and can't even compete in the market, for me the history of bitcoin itself is enough proof that it's worth it than other cryptocurrencies in the market in my personal opinion.

Its because it is proven that BTC has the highest security among other alt coins. It is the oldest coins out their and people are trading with it in decade already. So if you are new to it or if you are going to invest in it its better to invest in the one who is trusted by all crypto enthusiast.

The advantage of bitcoin is being the first coin to get a lot of support from many big companies, when Mr. Nakamoto makes bitcoin so everything is still raw, after bitcoin mining companies emerged they developed it for the better so that bitcoin got high trust.

This trust grew with the popularity and use of bitcoin itself.
more people adopting doesn't mean they know how bitcoin will stay safe.
someone believes in bitcoin because he is strong. and also market dominance trumps all altcoins. there is no altcoin as powerful as bitcoin. so people will not be fooled by bitcoin.

From a technical point of view, I firmly believe bitcoin has proven to be secure and reliable. But not all bitcoin users understand this if they don't study it in detail. I'm not sure all bitcoin traders understand the concept of bitcoin and all its advantage unless they are genuinely interested in learning more than just making a profit from trading. These two things are what separate traders from those who are interested in the innovations that exist in bitcoin. Although we have said thousand of times that bitcoin is a decentralized currency that has security and transparency, but they will not know about it in detail without reading and studying it.

The answer to this is simple on my side. Bitcoin is the most trusted cryptocurrency because it has always been the number one cryptocurrency. And moreover, Bitcoin is the first cryptocurrency in this market. Satoshi has an incredibly big place in people's hearts as he is the pioneer of this market in some way too I think. After Bitcoin was released, we saw so many altcoins being released also. But none of them managed to leave Bitcoin behind so far in terms of the price. As Bitcoin has always made people happy about long term investments too, people still trust it a lot.

because so far bitcoin has shown its credibility to date. A very good level of security makes bitcoin always trusted. Even safer than local banks. This is probably the reason bitcoin has so far had very good trust from its users, including me.

Simply because there are so many traders already earn a lot with bitcoin. We all know that it is real and not a scam. When it comes to rice, it is very high compare to altcoins but still it is very popular and a lot of investors continue to believe in bitcoin.

why bitcoin is at such a high level of trust,?? it can be said that bitcoin is safe and reliable, everyone feels comfortable investing in bitcoin, until now there have been no cases of fraud committed by bitcoin, bitcoin is a global currency, now there are countries that have legalized bitcoin, that's why until now bitcoin can still high trust..

Currently Bitcoin is well established crypto currency in the world. It has been with us for more than 1 decade., no one feels cheated and harmed by Bitcoin, the price of Bitcoin always rises every year, most people will benefit if we invest in Bitcoin in the long run. In the meantime, if we look at the history of Bitcoin, it is clear that Bitcoin is a very valuable asset, so Bitcoin is still the main choice of traders, which is certainly not a component of Bitcoin fraud, so Bitcoin still has a high level of trust. Today, everyone who believed in Bitcoin is in a high position.

In my opinion, first reason is decentralization system of Bitcoin. People are able to handle it with their sweet will. It is spreading more day by day and the uses of Bitcoin is also increasing. It is one of the safest and reliable among people. That's why people trust it other than any crypto currency.

maybe it can't be separated from the factors that bitcoin itself has, for example bitcoin is an investment that is long-term and also so transparent that it makes a lot of enthusiasts want to be in the crypto world for longer so that factor gives rise to such trust. high among his fans

Bitcoin trusts hold digital currency .Bitcoin trusts may offer more access to digital currency, these assets may not be suitable for everyone. Bitcoin is fully open source and decentralized. Bitcoin is secure and safe. People trust it

It can be said that bitcoin has been operating for a very long time, born from the years 2009 -2021, no one feels cheated and harmed by bitcoin, the annual bitcoin price always increases, if we invest bitcoin in the long run. run most people will benefit, bitcoin is also a very valuable asset and especially in contrast to other cryptocurrencies, the simple truth is that Bitcoin has been around for more than 10 years. and always constantly growing, try to compare with all other coins, bitcoin is still the best choice.

True that. Bitcoin might not have the fuel to make those epic 100x to 1000x runs again but it serves a really good purpose and that's as a solid store of value. Bitcoin has really matured as an asset compared to what it was a few years ago when the adoption was just amongst a few thousands. Ideally, people tend to trust anything that has been around for a long time with any negative or bad history.

Because it does the cracking work for the cracker before it is cracked.

The need for a trustable business has been felt for a long time. There were many networking businesses, plan businesses, etc on the internet. There was much fraud & stealth. I worked with many companies like the banner broker, wealth for all, Profit clicking.com, etc before 2009. They all were based on fraud.
But after Bitcoin's arrival, the scenario was changed. There was good news, and trust for the person who wish to do some income-supporting work on the net. Bitcoin and cryptocurrency earned trust and money for its user. It provides a lot of opportunities to develop and step forward and equal chances for poor or rich.
In short, it is a unique business popular in all ages of life.

Just keep in mind that bitcoin is not any sort of trustable business or whatever. You cannot compare it with industries or companies.
Bitcoin is a currency and it can be compared with other currencies like US dollar etc. Since bitcoin is non-inflationary, it has gained a lot of trust over time.

Of course a miner has high principles and dedication to continue to be in the 2nd world for a long time, especially considering that the crypto world is a long-term investment and is also an asset, so bitcoin currently has such high trust from miners. as well as the public at a time when the price is so unstable but does not affect the confidence of miners to continue to be in the crypto world in the long term so that this is what makes bitcoin still survive today.

Bitcoin have a secured protocol and unbreakable security.from the start and at the present day . They did not do any type of scam's and the most important it is decentralized . And not under control of any governance. Do that make it more trustable.

Really our community got to get instruction almost BTC moreover government ought to get it the positive highlights of BTC and learn to make strides the economy with the assistance of BTC. I think individuals begin to think that it isn't right and they ought to elude this plot. I accept to select and believe bitcoin as an venture since I need to secure my riches from expansion. In spite of the fact that bitcoin do not have an inherent esteem not at all like gold but as a typical individual who can think consistently, I think bitcoin is much way better than fiat and I will have enormous likelihood to win benefit by holding bitcoin in long run.

Bitcoin has the highest level of trust because it has already withstood the test of time and it has high security amongst all the coins in the market which makes it impossible to decrypt or hack. It also has a limited count in the market circulation, making it have a higher value as time passes. Investors trust Bitcoin so much because they know that bitcoin will never let them down in the future. They know that bitcoin is a safe place to store their funds while they do not need it yet. Hence, a lot are investing in it, making it a very popular coin with the highest level of trust in the whole cryptocurrency community.

And what makes you even think that bitcoin isn't trusted or even reliable? You should put your own opinion, you are just saying that because you know some traders who allegedly do not trust bitcoin at all. You are supposed to put your opinion based on your idea and experiences about bitcoin. Lol
Another anti-bitcoin spotted  ;D

The fact that bitcoin is still standing tall until this very day for the past decade or 12 years, that alone can tell you about bitcoins reliability. Ofcourse it's the most famous currency of all time because there are lots of investors who trusts bitcoin mate.

I'm really having a laugh now, I didn't really expect that I can encounter this posts like he/she is just basing others opinion that is why he/she doesn't believe nor trust bitcoin. Well, there's nothing we can do about it because he/she has been brainwashed by other unbelievers of bitcoin. I think that's the biggest disadvantage of it especially the beginners who are new to this industry, instead they want to learn how bitcoin works, they met other experienced people who failed on investing due to lack of patience or other reasons.

Bitcoin already have a history and its the first crypto currency in the market as that becomes most popular crypto currency since year 2009,  as the matter of fact It's proven and tested, so i'm not surprised that it's still have a higher level of trust unlike other crypto currency in the market, which is even now TBH that the value itself keep increasing every year, so IMO it will remain at the top of all crypto in the market and no one can take over in it as long as the adoption of bitcoin keep increasing as well.

Bitcoin is a decentralized currency that came to stay in the world to improve people knowledge in the community. And many countries has testified about the trust they cherish from bitcoin over some years and it never fail for the purpose it was created. To those countries that made bitcoin legal in their communities have a full trust on bitcoin any day or anytime in the country.
Those countries that still doubted bitcoin are those countries that refused to legalized bitcoin in their environment. Their citizens keep seeing bitcoin as a scamm currency that will not last long in the world. They don't trust bitcoin in any investment because they don't have the any knowledge of how to use bitcoin to improve other things in the community.

bitcoin has the highest trust because the profits obtained from holding bitcoin in the long term will provide very large profits. if we make transactions then no third party will interfere in the affairs of sending bitcoins. besides that bitcoin is the first Cryptocurrency to be created, therefore the level of one's trust in bitcoin is very high.

Apart from that, the main purpose, which has been – for transaction – has been very much reliable over the years. When it comes to making transactions with bitcoin I don’t think there is anyone that would complain that they were cheated in anyway, because there is no issue that you can have with Bitcoin, except that maybe at the moment the network might become congested and the fees for the transactions would increase and maybe slow down to a certain speed. Whatever transaction you are doing is between you, the sender, and the receiver. So, it is not something that is having any other person in between the both of you. Which is the good part of it.

While other cryptocurrencies have yet to prove their "solidity".
I personally prefer Bitcoin as an investment and trust it because I want to protect my assets from inflation. Although Bitcoin has no intrinsic value unlike gold but as a normal person who can think logically, I think Bitcoin is better than Fiat and I have a great potential to make a profit by grabbing Bitcoin

you are right, that bitcoin is famous for its decentralization and is not under anyone's control so that no one regulates it for the benefit of individuals or institutions. bitcoin moves because trading transactions have taken place in real terms and its security so far no one has been able to crack or even intervene. so it is natural that bitcoin until now is having a very high trust and no one is afraid to invest at any time.

As you can see, the price continues to fall, which means that many investors/holders are crying because the price is falling. If they truly believed in bitcoin, they would not be crying right now. Instead, they would sit back and do nothing because they are confident that the price will rise. It does not mean that if you have a high level of trust in bitcoin, you will invest right away; you will need to do some research to determine when the best time to invest is.

Bitcoin has the highest trust in my opinion the main selling point is because btc is fully decentralized, allowing someone to be financially independent without anyone monopolizing, free from capitalism and harmful rules. Besides that, the value of btc always increases tremendously from year to year, it is enough to prove that btc is indeed worthy of the highest trust.

It is undeniable because bitcoin can be profitable for those who use it properly and correctly and provide a sense of security, comfort, fast transactions and also very transparent.
and most liked by many people because bitcoin can be controlled completely by the owner himself without involving any third party or government and is an innovation that has long been expected by everyone for financial freedom, and bitcoin is the first digital currency in the world and successful because it is useful for many people .

the reason bitcoin is in the highest place, because bitcoin is trusted and not controlled by any party, bitcoin is also very good for long-term investment, because if we invest bitcoin in the long term we will definitely get double profits, bitcoin is also an asset that most precious..

For the longest run, bitcoin was able to build trust from many people and it is very evident as its investors and users grows massively each day. It has a reputation that it was able to protect regardless of all the issues people throw at it and after being the top cryptocurrency from the very beginning, it was able to shut its doubters and haters and made them regret. Bitcoin is incomparable and it is without a doubt the best cryptocurrency ever made with consideration with the lives it was able to change and the success it was able to achieve.

Bitcoin isn't just about crypto currency it's way beyond the financial aspect it's more of a technology created to help solve the issues of trust, reliability, transparency and accountability. Bitcoin got lots of investors and trust because even though it doesn't have a third party intermediary it still served it's purpose leaving establishing it's trust on a network that is completely decentralized

Well, what gives a lot of confidence is that Bitcoin is the only asset for which it will never disappoint, the behavior and level of the chart that has been running since 2009 is always increasing, and the best thing is that every year every second the trend will always be increasing. As nothing more than observing the S2F model gives the security and confidence that no bank in the world gives, nor the best investment would give the benefits that BTC gives, it is also the only investment that will never suffer a depreciation over time.

What is the reason for this trust? 
Is it a belief in technology or that BTC price will rise in the future and bring profit to the owner?

maybe at this time bitcoin reached the peak of the highest popularity where we can see bitcoin is an investment that we can say the most as the number 1 biggest investment at this time maybe it can't be separated from the process of the crypto world that runs so transparently and openly so that make miners or beginners want to continue to be in the crypto world or release their assets in the stock market, because we can say that transparency is what attracts beginners

Yeah no shit, bitcoin is the most trustworthy because it is the most trust asset.

Probably the trust comes from being a pioneer of the technology and it was the first of it's kind to work just fine even without the supervision of it's founder. Another reason in connection to the first one is that people would likely trust anyone and anything if they have already proven themselves or itself that they can do what they say they can do.

As long as the consensus of trust and bitcoin is based, Bitcoin will not die. But if the world government bans bitcoin and all activities related to blockchain technology then it could be worthless. But to be like that seems very difficult. China may succeed in pressuring its citizens not to do activities related to crypto, but it cannot pressure global citizens to become like its citizens.
Regarding the advantages of course, if you look at the supply law deman then tomorrow bitcoin will deliver a new ATH again but I don't know when. In addition, crypto blockchain has more advantages than fiat money. At least it becomes one proof that the crypto blockchain industry deserves to continue to be developed and have regulation.

I feel that despite being a pioneer and a fairly early arrival in the form of technology but these still do not constitute a reason big enough for us to hope for a mission then entrust both fate and destiny to it, in addition, we are very proud of the ability to grow without supervision but it also shows that there is no particular roadmap for the future. All in all, technology has never been the lifeblood of bitcoin, bitcoin is worth trusting just because of what it has done from the past to the future, very pure and without any signs of deception or fiction like new technologies, a name and tagline that never fades no matter how big the earthquake here

Bitcoins have been consistently profitable for a long period of time now. This characteristic of Bitcoin makes it popular and trustworthy. Not only is it profitable, it is also the first cryptocurrency to be introduced. It kind of holds the fate of all the cryptos that have ever been introduced till now.

Bitcoin has the highest level of trust because it has led the market for many years and is unique in that its supply is finite and unlikely to change. different from other cryptos whose supply changes. That's why Bitcoin is the prima donna of crypto because the rarer bitcoin, the more valuable it is in the eyes of investors. The good Bitcoin price movements also make investors vying to own it. How not, if we compare the price at the beginning of its appearance and now, the price has shot far and it is hoped that in the future the price will more rise.

sometime, people said that bitcoin is trusted, and the other will say that is scam because of their bad experience.
people who already know, will trust and many of them store their money (after get paid) to this world. trust emerges because something happen, and maybe twice or more. and trustful come from after making profit.
at first time, im just trying to get in as deep, although its not deep as now, after few year, i know that i have to swim more and more. trust level increase as time goes by.

Commonly, the first will be always the first.
I mean that:
- Bitcoin is the first cryptocurrency found and this is very special because we know how Satoshi rose up the idea of blockchain technology
- Bitcoin has passed very various situation both bad and good, but so far BTC still survives very greatly
- Bitcoin is full of trust, by the old people until the new comers in the crypto world.
- The total supply, the mining, and all activities related to Bictoin are special

Guys, what about that NFT that Satoshi put up for sale after 10 years of silence? What do you think? Is he alive or got hacked?

please tell more i need to know

I think we can all discuss all the fundamental reasons of security and decentralization etc etc but the proof is in the history of Bitcoin.

Never been successfully hacked,,, Never refused or given back,,, And if I wanted today to spend or sell my BTC I could do that much easier than any other altcoin.

This for me is reason enough for any newbie to choose BTC over anything else. Trust is something not rational correct?  :D

he put the first mention of bitcoin from his account on the auction, everyone is talking about it http://p2pfoundation.ning.com/xn/detail/2003008:Comment:169634

I agree. Bitcoin being the ever first cryptocurrency has also a lot of factor to play why it has the highest level of trust. Then, a mentioned, its security and value are what makes it more desirable for the many even those who just spectators and starting in the crypto world.

ya.ya.yo!

where? i want to see it i can't believe  this is real

Right, history is really invincible. Only one thing is saddening that we lost "Satoshi"; we got him by our side in Bitcoin misfortune and helped in developing but today we do not find him in the golden days of Bitcoin. Without this thing, the whole history is really invincible.

Even no one has ever been able to crack Bitcoin's private key partially. Although some developers claim to extract private keys using public keys, they have never been able to do that.
some people are very shouting about 51% attack but I just hear this mystery all over the year, never seen practically.

I don't know about newbie, but institute and government who has the power and has the ability to invest bulk money, their first preference is Bitcoin. Cause with the profit they also care about the security of their investment, and only Bitcoin is the real secured world.

bitcoin has entered a high level of security so the security level does not need to be worried anymore, we just have to be careful to keep the wallet key address so that it is not easily hacked by hackers. in addition to strong security, I think bitcoin is an asset with a very fast recovery rate so the risk of loss can be minimized.

Hi ! Bitcoin is very reliable for trading without any risk there is no chance to loose money because it has instantly and recovery money fast. It's fundamentally very strong coins best thing is decentralized coin . So you can choose this for long term or intratrading day . Even that you must save your private key otherwise you would loose important money . Bitcoin security is too much higher level nobody can crack of Bitcoin

Usually people who are new to Bitcoin are unlikely to have trust in Bitcoin, moreover Bitcoin uses a new technology that not many people know about.
And also a lot of incidents of fraud on the internet, then it makes people who know Bitcoin for the first time usually don't immediately trust Bitcoin.
Our level of trust will be high in Bitcoin, if we have learned all about Bitcoin and managed to benefit from Bitcoin. Or we can get recommendations
from our family, usually we can more easily believe in something new for us. So why more and more people have high trust in Bitcoin, that's
because Bitcoin has proven to be able to provide many benefits to many people. Bitcoin has even created a lot of new rich people in a pandemic
situation, this makes Bitcoin more popular and gain the trust of many people.

Still, I do see veterans are not recommending to go all-in into bitcoin investments as bitcoin is an experimental project hence investing only affordable is highly recommended. I agree that bitcoin has proved its potential so far in more than 11 years of time but anything could happen in future hence we should not risk our life with only one investment opportunity which could be bitcoin or anything else.

Bitcoin really got the highest level of trust but that does not mean we can invest all our money into it. Even Bitcoin is highly reliable one, we should diversify our investments along with other investment opportunities like stocks and gold to balance our life at any unexpected events.

I do not think it is sad at all. Look at the big networks who their founders saw the success of Bitcoin and tried to step down to do the same,,, they could not (think of Litecoin for example with Charlie Lee who stepped down but it was too late).

I think Satoshi leaving the way he did was the best thing for Bitcoin, and Bitcoin users will never see this golden age if he did not leave.


Same as states,,, we think they are smart and powerful but at the end of most days the decision lies in the hands of one or two people who know as much as us. How many countries invest in Bitcoin truly understanding it or even using it we can never really know.

First of all, bitcoin can be trusted due to its primacy in the market and a long history of its existence, because it is one of the first on the market and has never deviated from its concept of creation and its anonymity, there is no such thing on the market as bitcoin.

This is a great point, and I like to explain to people using the logic you have above, when they minimize Bitcoin as worthless. The bitcoin private key that defines someone's balance is essentially a random string of numbers that is recognized by a network, in which you can transfer ownership of digitalized currency with other owners of the same type of randomized string. Banks utilize the same concept, except they attach personal information to each of the strings, and the central authority (whatever it is, government, the private bank itself, etc.) are able to modify any of the balances at their whim.

What security do you have the bank will honor their end of the deal, and maintain the balance they claim they hold for you? Banks require that you trust them, bitcoin requires that you trust yourself. And who do you trust more?

What you say is true and makes a lot of sense, because no matter how good Bitcoin is, it's still risky to risk all of our money in Bitcoin. Moreover,
many rich people give advice to always invest in several assets, because if one asset loses, we can still generate profit from other assets. Especially
if all the assets we have go up, it opens up opportunities for us to become millionaires or billionaires. I am among those who have known Bitcoin
for a long time and have also managed to make big profits from Bitcoin several times. But I admit that it is very risky if we only invest in Bitcoin,
because Bitcoin does not continuously generate profits. Sometimes Bitcoin also experiences a decline, if that happens we must be able to have income
from other places, it's important to diversify our money across multiple assets.

Trust is there but the final decision would really be depending on a certain individual and we know that diversification is always been recommended and only invest
on what you could afford to lose on here in crypto because no matter how Bitcoin flying out with colors but there's no guarantee that it would lasts out forever on which
you do come into a point on where you do go all in without minding that particular risks on getting wrekt if the market would make out some sudden u-turn.
I dont blame out people on having that support but they should be mindful about probabilities.

We don't know what the future will bring to us, this is why, you always need to have contingencies and not go all in. What if in the future there will be new technology that will be deployed and bitcoin will become obsolete? Who knows, right? So if you want to take care of your investments, don't forget that you are holding some stash and be updated with the market. So if anything big is about to happen, you are well-prepared. And right now, bitcoin is still the leading cryptocurrency among thousands of these alts. And I believe, it will stay this way for the succeeding years to come.

Bitcoin can also disappear one day, do you believe that bitcoin is trustworthy and will last for century, I'm seeing Bitcoin like currency that will breakdown on the way because it unsuitable is making me to fear and not to believe Bitcoin again, if you talk about influence Bitcoin is taking many influence

Bitcoin is the oldest crypto as it was the first crypto to be ever introduced. Due to this reason people trust it the most. There are a lot of cryptos in the market and new cryptos are introduced every now and then. But only a few of them could be trusted which have strong fundamentals. Bitcoin has a never ending trust in this case and will continue to be the favourite crypto.

why bitcoin is at a high level of trust, maybe everyone will answer that bitcoin is safe and reliable, I myself have felt the comfort provided by bitcoin, as long as I entered the world of bitcoin I was not harmed by bitcoin, even I got a very valuable and beneficial experience what's amazing, if only I didn't want to learn and enter bitcoin, most likely until now I'm still working and being someone else's coolie, I'm very grateful to my friend who wants to guide me to learn bitcoin, the results are satisfying, even though so far I'm not rich , but at least my life has started to improve, thanks bitcoin..

not to mentioned how fast the transactions is and how the support of the community stays for many years now.

Never hesitate in investing in this rank number one currency and the most valuable one.

of course why would you invest in not safe investment when you can put your money in a currency that you know will continue to grow each year.

Bitcoin's trust comes from the fact that all the transactions are public and no one can change them or manipulate them, there for there is no room for fraud and injustice, which we normally would find in the current economic environment in our society, where transactions are controlled and manipulated by banks and governments where bribe fraud and corruption can be done freely and they go unnoticed, because no one has access to them, that is why we need bitcoin or the blockchain technology to be implemented into our real life transactions to bring back trust.

Indeed, so far trust in Bitcoin is increasing, even many institutions are starting to dare to invest in Bitcoin in the long term. But that doesn't mean
Bitcoin will last forever, because someday there will be something better than Bitcoin. Because that's how technology develops, there will
always be technology that is much more sophisticated. So it's not wrong that we have very high trust in Bitcoin, but don't overdo it,
because anything in excess can have a bad effect. So think carefully about the risks that will occur if we risk everything for Bitcoin.
We really have to think about all the possibilities that will happen, including thinking about the worst risk that will happen to Bitcoin.

It is that trust lies in several ways, firstly the trust that the transactions are safe, and that the money that is handled through BTC will arrive in seconds and that is already above any bank worldwide, besides that they are not needed No bank permits to move the money that we want, with a bank yes, then the trust and security that BTC provides is unique.

Confidence worldwide has already begun, and it is incredible, but it began with a government of a third world country, how is such a country an example to Europe and the USA? What happened to level 1A countries? Well, they are receiving a lecture from El Salvador, on how they are taking advantage of the benefits of BTC, where a president did not believe the IMF or any international regulatory body, he only did what was right, I think that more confidence in the world cannot be given, I think that now most countries will stick to the model implemented by El Salvador.

Bitcoin has the highest level of trust it seems because Bitcoin is the first coin that has ever existed in cryptocurrency, besides that Bitcoin also includes staying strong and surviving from the beginning until now. Even Bitcoin's performance is getting better from year to year, this certainly makes many people interested and believe in it. Until now Bitcoin is still leading to be the king of crypto, almost the whole world knows about Bitcoin.

Were There Cryptocurrencies Before Bitcoin? (https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin)

Even before the innovative bitcoin into the world there were more attempts of creating cryptocurrency and digital cash. However very few have succeeded in this, and hasn't reached the level of usage as bitcoin. Those are very early days for technology to make big changes. Bitcoin got innovated at the right time, which means people are well aware of technology and got used to it. This made it grow gradually.